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Interlay INTR
INTR
0.01386
$
16.66 %
Change 24h
Market Cap
$ 3,179,618
Volume 24h
$ 11,257
Circulating Supply
229,396,091
Total Supply
1,000,000,000
INTR
$
Description
INTR is interBTC’s governance token, distributed across network participants and used to elect council members and vote on proposals. INTR will be used to govern the interBTC parachain on Polkadot. The INTR token’s main purposes are:
1) Governance. INTR holders vote on governance proposals.
2) Staking. To participate in governance, holders stake INTR and earn INTR staking rewards in return.
3) Utility. Interlay will support transaction fee payments in INTR.
4) Outlook: INTR will be tightly integrated into the bridge, offering token holders additional security and product benefits.